Kansasville, Wisconsin Property Taxes
The median property tax rate in Kansasville, WI is 0.99%, which aligns with the national median of 0.99% but is lower than the Wisconsin state median of 1.58%. With the median home value in Kansasville at $375,276, the typical annual property tax bill reaches $3,537, surpassing the national median of $2,690. Property taxes in Kansasville are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Kansasville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kansasville or another part of Kenosha County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kansasville, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$3,715
Ownwell’s Kansasville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kansasville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kansasville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kansasville, Wisconsin
Property taxes in Kansasville, Wisconsin, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Kansasville is 1.65%, higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Kansasville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kansasville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Kansasville's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53139 zip code has the highest median property tax rate of 1.65%, while the 53139 zip code has the lowest median tax rate of 1.65%. Understanding how these cities compare with Kansasville provides valuable insights into the varying tax landscape across Kenosha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kansasville Tax Rate
0.99%
Average Kenosha County Tax Rate
2.06%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kansasville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53139 | 0.93% | 0.96% | 0.99% | 1.01% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Kansasville, Wisconsin
In Kansasville, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Kenosha County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Kansasville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Kansasville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 53139 has the highest median tax bill at $3,537.00, which can serve as a benchmark for homeowners evaluating their property tax situations.
Average Kansasville Assessed Value
$375,276
Average Kenosha County Assessed Value
$201,507
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kansasville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53139 | $175,495 | $276,394 | $375,276 | $474,056 | $597,416 |
Source: Ownwell
Property Tax Bills Across Kansasville, Wisconsin
In Kansasville, Kenosha County, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $375,276. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence this calculation, including property size, location, and any improvements made to the home. Homeowners in Kansasville experience varying tax bills. For instance, the 25th percentile tax bill is $2,665, while the 75th percentile tax bill reaches $4,699. At the higher end, the 90th percentile tax bill can be as much as $5,839. The highest and lowest median tax bills in the area both stand at $3,537, reflecting uniformity within specific zip codes. Compared to the national median property tax rate of 0.99%, Kansasville's property tax bills can be substantial, affecting homeowners' financial planning and overall cost of living. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Kansasville Tax Bill
$3,537
Average Kenosha County Tax Bill
$4,787
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kansasville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53139 | $1,665 | $2,665 | $3,537 | $4,699 | $5,839 |
Source: Ownwell